{"schema_version":"secwatch.filing_event.v1","accession":"0001158449-25-000259","form_type":"8-K","ticker":"AAP","cik":"0001158449","company_name":"ADVANCE AUTO PARTS INC","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.457286+00:00","generated_at":"2026-05-17T20:27:33.949368+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Advance Auto Parts issues $1.95B in senior notes; refi $300M 2026 notes, new ABL facility","bullets":["Issued $975M of 7.000% senior notes due 2030 and $975M of 7.375% senior notes due 2033.","Net proceeds ~$1.92B; $300M to redeem outstanding 5.90% notes due 2026.","Remaining proceeds for general corporate purposes and to support new $1B ABL facility replacing existing revolver.","Notes are guaranteed by domestic subsidiaries; covenants limit liens, sale-leaseback, and mergers.","New ABL facility will be five-year senior secured first lien revolving credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001158449-25-000259","json":"https://secwatch.observer/filing/0001158449-25-000259.json","markdown":"https://secwatch.observer/filing/0001158449-25-000259.md","text":"https://secwatch.observer/filing/0001158449-25-000259.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158449/000115844925000259/0001158449-25-000259-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158449/000115844925000259/aap-20250804.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:27:33.949368+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"89de19b36f23facd4e805af1677b52b24eab8703","claim":"ADVANCE AUTO PARTS INC incurred senior notes of $975,000,000 with Computershare Trust Company, N.A. at 7.375% per annum maturing 2033.","evidence_excerpt":"(ii) $975,000,000 in aggregate principal amount of 7.375% Senior Notes due 2033 (the “2033 Notes” and, together with the 2030 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158449/000115844925000259/0001158449-25-000259-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$975,000,000"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Rate","value":"7.375% per annum"},{"label":"Maturity","value":"2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ec015a523db77f9afe23855cff8db3a63950676f","claim":"ADVANCE AUTO PARTS INC incurred senior notes of $975,000,000 with Computershare Trust Company, N.A. at 7.000% per annum maturing 2030.","evidence_excerpt":"On August 4, 2025, Advance Auto Parts, Inc. (the “Company”) completed an offering of (i) $975,000,000 in aggregate principal amount of 7.000% Senior Notes due 2030 (the “2030 Notes”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158449/000115844925000259/0001158449-25-000259-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$975,000,000"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Rate","value":"7.000% per annum"},{"label":"Maturity","value":"2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}